Can anyone who has bought recently take part in the governance and the vote tomorrow?
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nope only predeg buyers
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If new buyers take part, then it’s the ultimate death for Terra project. Unfortunately no u can’t
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They cannot regarding the fork. Then once the fork happens things will go back to normal for luna classic and TFL will stop it’s coup d’etat
I don’t know how there are people who can ask for this or the proposals to enable staking or create new validators. We know that now that they have millions of luna tokens, there would be people who could have damaged the ecosystem with governance attacks if it was enabled.
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LOl These idiots kwon & co and validators want to keep full control over the voting.
They bought themself enough Luna DUMPING 800k UST in the crash to keep control and block anyone else.
So the voting part is a big joke.They decide anyways as noone else opinion/vote matters
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New buyers want only “burn” to make short term profit. It wont save terra
So no you can t vote
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right, they have as much votes as needed to push everything
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Is it clear in which direction the result of the vote will come out or what kind of result will be?
will the users who only held UST be able to vote? if not, the outcome of the vote (imho) is unfortunately obvious, allot of people only held UST cos of the anchor APY, this will be another manipulated voted, will end up that the community will have to take the chain in their own hands (probably just as Do planned)
Interesting? As you can see here we apparently aren’t the only ones who want a burn.
There are people damaging destroying the ecosystem with governance attacks right now. I’m pretty sure that they are not new buyers.
Nice how they are able to prevent the votes of new buyers who so strongly believed in Terra, they threw good money into LUNA when everyone thought it would literally go to zero. It is a compound governance attack.
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A fork won’t save Luna either, It’s clear the majority of the holders want a burn, both new and old. This doesn’t seem very decentralized. It seems like TFl and DO are doing what ever they want despite the community not agreeing with this horrible idea. Do you think the people that are against the fork are gonna continue to be Luna investors? Luna is sadly gone if they fork, but if they burn, the community will be here to support it, like they did during the crash.
What I don’t get is that the whole demise(LUNA and UST death spiral) was through the decision made by the very people who are supressing the new luna investors.
Hence, it is illegal for validators to help aid the TFL from doing this by blocking new investors from voting in the governance proposal.
If not, the whole purpose of a LUNA token is a lie. If they did want to make a legal voting session for the pre-death holders, they should not have allowed new minted tokens from being sold/traded.
It’s the TFL and Validators’ decision that caused this problem. They should do things legally or the following NEW token will have legal problems and, obviously, pre-holders won’t benefit from this dilemma.
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MUAHAHA!! No Fork, LFG needs to release the 350 million for V1 LUNA BURN!
Kyle_Nope, where did you get this info? If this is true then 2,240,000,000,000 coins would be wiped clean in a snap.
Sorry, I didn’t mean to imply I’m a new investor. Was just curious about any new investors if they could vote.
There is a reason maybe you should study or watch a blockchain course. You are commenting out of ignorance. New users who have bought thousands of tokens cannot vote or be validators
What new Luna holders will get in Luna V2 (10% bracket example):
Current Cost:Old Luna → New Luna / V2 tokens at Genesis / V2 tokens after full vesting (2-year)
$50:332446 → 4.8 / 0.72 /4.09 / 10.4
$151:1,000,000 → 14.47 / 2.17 / 12.3
$1510:10,000,000 → 144.7 / 21.17 / 123
$5000:33,131,648 → 479 / 71.94 / 407.7
$15100:100,000,000 → 1447 / 211.7 / 1230
Luna V2 Break Even Price ~ $10.43
Luna V2 Break Even Marketcap: 10.43 billion
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While I agree that nee biyers should not get a vote, I disagree that only new buyers want the burn.
In the end it sounds like we all will have 2 LUNA tokens. New and classic.
I say lets burn a tinn of tokens on Classic Luna to get the circulating supply down. Thats what my plan entails. Well a lot more than that lol. There is great value in LUNA Classic & UST if it’s done right. Nee LUNA is just a bonus.
By the way, Pre Attack Luna hodlers are only looking at a 15 % recovery at best according to the calculations I have seen. So we still need LUNA Classic & UST for a chance at a decent recovery
See my plan’s summary that outlines what needs to happen.
Its a living document that will be updated regularly as long as theres hope for the classic chains.
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